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CARPE CONSENSUS: Time to ‘Treat Like Cases Alike,’ Judge Says in Grayscale ETF Appeal

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7698 Ratings

🗓️ 1 September 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

Ryan Louvar, WisdomTree’s chief legal officer and head of business and legal affairs for digital assets, breaks down the latest in crypto ETFs. On today’s “Carpe Consensus,” Danny Nelson dives into the world of crypto news alongside CoinDesk tech reporter Margaux Nijkerk. [0:34] Inside the Desk: Coinbase finds itself in uncharted territory as it is now a public company … attempting to run a decentralized blockchain. It’s pledged neutrality, as Margaux reports.  [7:05] Ryan Louvar comments on Grayscale’s SEC victory and what it might mean for other spot bitcoin ETF proposals in the review queue. WisdomTree itself is awaiting feedback, though the company has other focuses in the realm of digital assets, including its Europe ETFs and financial app WisdomTree Prime. [25:07] Danny’s Dungeon: Yearn Finance Voters to Wintermute: Drop Dead “Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This is Carpe Consensus.

0:09.0

Join hosts Ben Schiller and Danny Nelson as they seize the world of crypto.

0:24.5

Hello and welcome to Carpet Consensus.

0:26.6

I'm your host, Danny Nelson.

0:30.7

Ben Schiller is out this week, so I'm anchoring the show with a couple of guests.

0:33.7

We're going to talk about the latest and greatest in the crypto world.

0:36.7

We're going to start off with Inside the Desk.

0:39.0

Inside the Desk today, I've got Margo Nykirk. She's one of our excellent tech and protocols reporters at CoinDesk. Margo, I hear you've got

0:45.5

a story for us that gets into decentralization base, Coinbase, all this good stuff. What do you

0:51.0

got? Thanks, Danny. Thanks for having me here today. So I recently

0:54.7

wrote a story about Coinbase. They came out with their principles known as the base neutrality

1:00.2

principles, which basically is like a framework for how Coinbase's layer two base is going to

1:06.3

tackle decentralization and neutrality when it comes to the order of transactions.

1:12.3

And basically, like, just to give a high level overview of what it is, they're drawing their

1:16.6

principles off of optimism's law of chains, which is basically like a set of principles

1:21.4

aimed at uniting optimisms change under one framework and one vision, as they like to say, called the super chain.

1:29.1

The law of chains basically sort of sets up guidelines for different optimism's governance groups

1:33.9

to head towards that. And since base is using the OP stack, which is optimist in technology,

1:39.1

that's where they've sort of drawn this inspiration from. I think this is very interesting

1:43.0

because it sort of shows

1:44.2

Coinbase's delicate dance when it comes to trying to reap the benefits from its associated

1:48.5

network, but also not exude too much control over the layer two. So Margo, let's talk tech for a

...

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